Regulator asks pensions industry to help build savers' understanding

TPR CEO warned the industry must help savers understand their options

Holly Roach
clock • 2 min read

The industry must work together to help savers better understand their options before they reach retirement, according to The Pensions Regulator (TPR).

Speaking at PA's sister title Professional Pensions' event PP Live today (14 September), chief executive Charles Counsell said the industry needed to help savers "understand and fully optimise the options available to them". He noted the Pension Schemes Act 2021 - which was introduced earlier this year - goes a step towards making pensions safer for members. Counsell said he understands the industry wants "clarity" on the new regulations set out in the act and revealed the regulator will be publishing a number of policy documents over the coming weeks setting out how it will use its n...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Pensions gender gap: A low-profile injustice that deserves more attention

Pensions gender gap: A low-profile injustice that deserves more attention

'Pensions are one of the few financial products where time is the single biggest driver of outcome'

Jessica Cook
clock 24 August 2026 • 4 min read
Advisers place focus on retirement support as providers lack 'meaningful' engagement

Advisers place focus on retirement support as providers lack 'meaningful' engagement

People’s Pension poll shows 54% of IFAs say providers struggle to create ‘meaningful’ engagement

Martin Richmond
clock 19 August 2026 • 3 min read
Pensioner poverty has risen for more than a decade, warns LCP

Pensioner poverty has risen for more than a decade, warns LCP

Single and divorced pensioners most affected and should be focus for future policy

Alex Levy
clock 18 August 2026 • 4 min read